We wish to inform you that the Company has received a notice (Form -GST ASMT10) from the office of Superintendent, Central Goods and Service Tax Range - Baddi II, SCO 47-51, Fauji Complex, ....
TIMEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Timex Group India has informed the exchanges that it received a notice in Form GST ASMT-10 from the office of the Superintendent, Central Goods and Service Tax Range, Baddi II. Form ASMT-10 is typically issued by GST authorities when they detect discrepancies during scrutiny of a taxpayer's returns. The company has not disclosed the specific amount under dispute or the financial impact in this filing. The matter appears to be a routine tax compliance issue related to its operations in the Baddi region.
This is a routine tax-related notice and generally does not materially affect shareholders unless it escalates into a significant financial liability. Investors should watch for further updates on the quantum of any potential tax demand.